UK unveils ‘backstop’ plan to force pension funds to invest in private assets
Chancellor Rachel Reeves threatens to mandate retirement schemes if they fall short of voluntary targets
Chancellor Rachel Reeves threatens to mandate retirement schemes if they fall short of voluntary targets
Development reductions include possible axing of support for education and gender programmes
Airline had been grappling with a rising number of disrupted flights since the end of the pandemic
Retail sales increase at an annual rate of 7 per cent in April despite uncertainty over US tariffs
Metropolitan Police investigating three incidents in north London
Endorsement gives hedge fund a leg-up in campaign to overhaul refiner’s board
Thousands of passengers affected as several train lines were delayed or suspended on Monday afternoon
Move to tap equity investors highlights sector’s revival under Donald Trump
Also in today’s newsletter, Modi claims Indian military ‘superiority’ over Pakistan, and China’s CATL to raise at least $4bn
Secret meeting in IMF basement paved way for tariff deal seen on both sides as a victory
Equities, dollar and oil advance in afternoon trading after world’s biggest economies reduce punitive levies
Deal stokes optimism among investors that Donald Trump will de-escalate trade war
President offered asylum to Afrikaners he says have faced violence and discrimination since end of apartheid
Tough proposals including ending automatic settlement after five years would end ‘squalid chapter’ for country, PM says
Trump sets out plans for cost targets and eliminating ‘middlemen’ in executive order
Deal to reduce duties for next 90 days marks first sign of tension easing between the two economic superpowers
Clare Lombardelli and Megan Greene want to see more evidence that inflationary pressures are easing
Artificial intelligence search start-up backed by Accel in $500mn round
Orlin Roussev was one of six who engaged in espionage
PM’s plan reverses post-Brexit liberalisation that allowed foreigners to fill positions in industries such as adult care
Uncertainty around Trump’s trade war has not gone away
Prime minister claims victory after ceasefire but warns New Delhi has ‘only suspended’ military operation
Handover of Edan Alexander comes ahead of Donald Trump’s trip to the Gulf